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$435,000

22418 Rue Canyon Ct, Katy, TX, 77450

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,476 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.69 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave
FlooringLaminate, Tile

Exterior

Lot Size6,571 sqft

Building Information

Year Built2000
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2272-03-002-0620-914
Lot Number62
SubdivisionCinco Ranch Fountain View Sec 3
Land UseResidential
Legal DescriptionCINCO RANCH FOUNTAIN VIEW SEC 3, BLOCK 2, LOT 62
Census Tract673008
Assessed Land Value$61,490
Assessed Improvement Value$336,296
Assessment Year2025

About this property

Welcome to this inviting two-story home featuring fresh updates throughout and a flexible layout. Recent (2026) improvements include HVAC system, LVP flooring, fresh interior paint, remodeled bathrooms, and a remodeled kitchen with replaced appliances. The entry opens to a formal dining area and an impressive living room with soaring ceilings, a fireplace, and a wall of windows providing abundant natural light. The updated kitchen offers generous cabinetry, counter space, a center island, and an adjoining breakfast area with backyard access. The spacious downstairs primary suite includes a remodeled bath with dual vanities, soaking tub, separate shower, and walk-in closet. Upstairs are three additional bedrooms and a spacious second living area ideal for a game room. A dedicated office with built-in shelving provides a great work-from-home space. Outside, enjoy an inviting patio, spacious backyard, mature landscaping, and access to a community playground.

Investor Tools

$204,929Estimated Mortgage Balance
$262,071Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,802 /month
Positive
Cash Flow Estimate:
$934 /month

Interested in this property?

Cameron Balkom

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$693/month
$1,600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,979
$397,786
2025
$61,490
$336,296
$397,786
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,979
$397,786

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Strong Home Mortgage Llc
Conventional
$237,600
No
First
Sep 23, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,929
$262,071
56%
44%
$1,425/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$3,025/mo
$-195/mo
7.3%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Katy

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